Geopolitics Alpha

Heavy Seas Beer files for bankruptcy as founder prepares to retire, explores sale or merger

Published . Updated .

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GEOPOLITICS ALPHAHeavy Seas Beer files forbankruptcy as founder prepares toretire, explores sale or mergerGEOPOLITICS ALPHA

This report is about beer, wine and spirits.

Directly affected

  • No company is named in this report.

Indirectly affected

  • PBJ Invesco Food & Beverage ETF

    Invesco Food & Beverage ETF: it tracks beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • XLP Consumer Staples Select Sector SPDR-0.8% 8d

    Consumer Staples Select Sector SPDR: it tracks beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • SAM The Boston Beer+34.0% 30d

    The Boston Beer (malt beverages): it is exposed to beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • BUD Anheuser-Busch InBev+5.1% 30d

    Anheuser-Busch InBev (malt beverages): it is exposed to beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • STZ Constellation Brands+28.7% 30d

    Constellation Brands (beverages): it is exposed to beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • TAP Molson Coors Beverage+8.8% 30d

    Molson Coors Beverage (malt beverages): it is exposed to beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PBJ-0.02%-0.49%baseafter closeafter closeafter closeafter close
XLP-0.16%-0.60%baseafter closeafter closeafter closeafter close
SAM+2.25%-0.99%baseafter closeafter closeafter closeafter close
BUD+1.34%+1.20%baseafter closeafter closeafter closeafter close
STZ+0.28%+0.95%baseafter closeafter closeafter closeafter close
TAP+6.40%+0.42%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Heavy Seas Beer files for bankruptcy as founder prepares to retire, explores sale or merger CBS News

Source: CBS News

This story

CompanyWhenMoveStatus
BUDthree days earlier+1.20%final price
BUDfive days earlier+1.34%final price
PBJthree days earlier-0.49%final price
PBJfive days earlier-0.02%final price
SAMthree days earlier-0.99%final price
SAMfive days earlier+2.25%final price
STZthree days earlier+0.95%final price
STZfive days earlier+0.28%final price
TAPthree days earlier+0.42%final price
TAPfive days earlier+6.40%final price
XLPthree days earlier-0.60%final price
XLPfive days earlier-0.16%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Heavy Seas Beer files for bankruptcy as founder prepares to retire, explores sale or merger” scores 12 out of 100. The score uses 1 sources.